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SAP Human Capital Management (HCM)

SAP Human Capital Management (HCM) - SAP ERP Tutorial

From the course: SAP ERP Essential Training

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SAP Human Capital Management (HCM)

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- [Instructor] Next, we'll cover SAP Human Capital Management or SAP HCM. This module is SAP's solution to manage all human resources processes, and because of this, the HCM processes are now in what SAP calls the Human Resources line of business. The Human Capital Management module has a huge amount of capabilities. Major HCM functions are broken down into different areas. All these functions in the HCM module rely on organizational management. This is where the organization is populated with different areas, positions, and employee names. Next is employee administration, which handles employee addresses, bank details, and tax information. The HCM module also houses time management to record attendance, shift management, and leave accruals. This ties in to benefits management. Benefits management is where companies can create their own unique benefits packages. Next, the recruiting capabilities of HCM include applicant tracking and reporting. This helps a company figure out how…

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